Active Fine Chemicals Limited announcements
336 Dhaka Stock Exchange announcements for Active Fine Chemicals Limited (ACTIVEFINE) since 2010: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2016 (16).
- Dividend Disbursement
The Company has informed that it has credited the Bonus shares for the year ended on June 30, 2016 to the respective shareholders' BO Accounts on December 04, 2016. The Company has also requested the shareholders to collect cash dividend warrant from the share office of the company from December 20, 2016 to December 22, 2016 from 10:00 AM to 3:00 PM in person or through authorized representative.
- Credit Rating Result
National Credit Ratings Limited (NCR) has announced the entity rating (surveillance) of the Company as "A+" in the long term along with a stable outlook based on audited financial statements of the Company as on June 30, 2016.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 1.01 for July-September, 2016 as against Tk. 0.96 for July-September, 2015; NOCFPS was Tk. 1.77 for July-September, 2016 as against Tk. (0.11) for July-September, 2015. NAV per share was Tk. 29.53 as of September 30, 2016 and Tk. 28.52 as of June 30, 2016.
- Board Meeting
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on November 14, 2016 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2016.
- Resumption after record date
Trading of the shares of the Company will resume on 09.11.2016 after record date.
- Suspension for record date
Trading of the shares of the Company will remain suspended on record date i.e., 08.11.2016.
- Spot for AGM
Trading of the shares of the Company will be allowed only in the Spot Market and Block transactions will also be settled as per Spot settlement cycle with cum benefit from 06.11.2016 to 07.11.2016. Trading of the shares of the Company will remain suspended on record date i.e., 08.11.2016.
- Resumption after record date
Trading of the shares of the Company will resume on 01.11.2016 after record date.
- Suspension for record
Trading of the shares of the Company will remain suspended on record date i.e., 31.10.2016 for EGM.
- Spot for EGM
Trading of the shares of the Company will be allowed only in the Spot Market and Block transactions will also be settled as per Spot settlement cycle from 27.10.2016 to 30.10.2016. Trading of the shares of the Company will remain suspended on record date i.e., 31.10.2016 for EGM.
- Dividend Declaration
The Board of Directors has recommended 5% cash & 30% stock dividend for the 18 months period from January 2015 to June 2016. Date of AGM: 24.11.2016, Time: 10:30 AM, Venue: Trust Milonayoton, 545 Old Airport Road, Dhaka Cantonment, Dhaka-1206. Record Date: 08.11.2016. The Company has reported EPS of Tk. 5.51, NAV per share of Tk. 28.52 and NOCFPS of Tk. 7.12 for the 18 months period from January 01, 2015 to June 30, 2016 as against Tk. 4.52, Tk. 23.87 and Tk. 3.52 respectively for the period from January 01, 2014 to June 30, 2015. The Company has also reported EPS of Tk. 1.81, NAV per share of Tk. 28.52 and NOCFPS of Tk. 2.58 for the 6 months period from January-June, 2016 as against Tk. 1.60, Tk. 23.87 and Tk. 2.64 respectively for the same period of the previous year.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (19.10.2016) following its corporate declaration.
- Board Meeting
As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on October 18, 2016 at 3:00 PM to consider, among others, draft audited financial statements of the Company for the period of 18 months from January 01, 2015 to June 30, 2016.
- EGM
The company has informed that the Board of Directors has decided to conduct an EGM in connection with amendment of the existing clause 43 and 47 of the Memorandum of Association of the Company. Date of EGM: November 24, 2016; Time of EGM: 10:00 AM; Venue: Trust Milonayoton, 545 Old Airport Road, Dhaka Cantonment, Dhaka. Record date for EGM: October 31, 2016.
- Change of Financial year
The Company has informed that they have decided to change the Accounting Year July to June instead of January to December, to comply with the provision of Section 9 of the Finance Act, 2015 and the Directive dated 27th April, 2016 of BSEC.
- Producing chemicals and setting up of Anti-Cancer Formulations Plant
The Company has informed that after obtaining permission from Directorate General of Drug Administration (DGDA), their Board of Directors has decided to produce Cephalosporin Antibiotics and other related chemicals. It is expected that the turnover of the company will increase approximately Tk. 6.00 crore to Tk. 8.00 crore per month. The Board has also decided to set up an Anti-Cancer Formulations plant at Uttar Shoilmary, Koiya Bazar, Batiaghata, Khulna. The estimated cost of the project will be Tk. 90.00 crore (approx.).The cost of plant will be arranged from the companyÂs own sources and bank loan. After completion of the project, it is expected to increase turnover per month of the company of Tk. 6.00 crore to Tk. 8.00 crore (approx.)
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.